7909 Parliament PL, Austin TX 78759

My analysis of 3 comparable properties puts this home's estimated value at $201,042. Based on how the local market is moving, a list price between $439,000 and $511,000 would position this home well. This pricing would rank the home as the most affordable of 7 comparable homes on the market in PARLIAMENT PLACE TWNHMS's current inventory. This home's smaller footprint (119 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.07 acres versus the area average of 0.15) contributes to the valuation. 7 similar homes are currently available in PARLIAMENT PLACE TWNHMS, creating a balanced market for this price range. The 6 month price trend in 78759: risen 5.3%. The best comp here is 8340 Fathom CIR # 703, Austin TX 78750 at an adjusted value of $216,214, a strong comparable. The comp data here (3 sales in PARLIAMENT PLACE TWNHMS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus